Due to the risks of affecting consumers and companies, Cofece recommends not to approve the constitutional reform initiative in electricity matters* The approval of the Initiative would suppress competition in the sector and eliminate the regulation mechanisms that allow its efficient development. The change of model would affect Mexican consumers and companies due to more expensive electricity fares; it could also harm public finances due to the inefficient use of resources and the application of subsidies. Cofece recommends not to approve the Initiative and to consolidate a competitive electricity model that is capable of supplying electricity in the best conditions and supports the development of the country. Mexico City, March
The Mexican Competition Authority recommends not to approve the constitutional reform initiative in electricity matters due to the risks of affecting consumers and companies
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